Business Unit 3 Revision

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A corporation that has its facilities and other assets in at least one country other than its home country.
multinational Corporation
1 of 8
A tax or duty to be paid on a particular class of imports or exports.
tariff
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A person with an interest or concern in a business.
stakeholder
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The combining of two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.
merger
4 of 8
the process by which businesses or other organizations develop international influence or start operating on an international scale.
globalisation
5 of 8
One company is buying another. It may be amicable or involve a hostile bid, its not supported by the management of the business that is being taken over.
takeover
6 of 8
Emphasises idea that a global product is more likely to succeed if adapted to local cultures.
glocalisation
7 of 8
A consequence of an industrial or commercial activity which affects a third party.
externality
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Other cards in this set

Card 2

Front

A tax or duty to be paid on a particular class of imports or exports.

Back

tariff

Card 3

Front

A person with an interest or concern in a business.

Back

Preview of the front of card 3

Card 4

Front

The combining of two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.

Back

Preview of the front of card 4

Card 5

Front

the process by which businesses or other organizations develop international influence or start operating on an international scale.

Back

Preview of the front of card 5
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